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HOW TO APPROACH DIGITAL MARKETING WHEN NOT ALL OF YOUR LEADS ARE EQUAL

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Presentation on theme: "HOW TO APPROACH DIGITAL MARKETING WHEN NOT ALL OF YOUR LEADS ARE EQUAL"— Presentation transcript:

1 HOW TO APPROACH DIGITAL MARKETING WHEN NOT ALL OF YOUR LEADS ARE EQUAL
QUALITY NOT QUANTITY HOW TO APPROACH DIGITAL MARKETING WHEN NOT ALL OF YOUR LEADS ARE EQUAL David Lawrence, Co-Founder and Managing Director

2 Firstly. Your leads are not all equal.
Variation in: Lifetime customer value Sales cycle Product profitability Sale conversion rate Customer retention

3 How do you measure success?

4 Gut feeling.

5 SEO Performance

6 SEM Performance

7 Google Analytics

8 Google Analytics with revenue
Is this only AdWords? Does it have a 90 day limit? If so not good for LCV Online revenue Offline revenue

9 By focusing on your conversion rate

10 Keeping doing these things.
But remember they generally measure steps on the way to success. And not success itself.

11 Particularly when business success is:
Growing offline revenue. Increasing profit. Increasing lifetime customer value (LCV). Customer retention. Shortening the sales cycle.

12 A quality lead is one which helps achieve business success.

13 11 practical ways to identify and improve lead quality.

14 #1 Quality is not fixed From first contact to the last revenue point, quality can be changed It’s a journey. Nurture your opportunities Your competitors have an impact on this

15 #2 You need a framework Process or tactics? Define the problem and the goal Don’t forget the basics

16 #3 Know your data (and its limits)
Get Google Analytics right: Audit the installation Referral exclusions UTM tags in URLs Track everything Get rid of ‘Other’ Anonymous data has its limits

17 #3 Know your data (and its limits)
‘Close the Loop’ First interaction to LCV Manual (Excel) CRM integration HubSpot CRM & Marketing Salesforce + Bizible (e.g.)

18 Don’t let technology distract you from marketing fundamentals.
#4 Think like a marketer Don’t let technology distract you from marketing fundamentals.

19 Create buyer personas for your business
#4 Think like a marketer Motivations Goals Objections Create buyer personas for your business Challenges Gender Job Location Age

20 Understand the buyer journey
#4 Think like a marketer Understand the buyer journey Prospect is experiencing symptoms of a problem or opportunity. Prospect has now clearly defined and given a name to their problem or opportunity. Prospect has now decided on their solution strategy, method or approach.

21 #4 Think like a marketer Create a strong and clear value proposition Focus: What do you do and who do you do it for?

22 Find people & ask them questions. More importantly, watch them.
#5 Qualitative analysis Find people & ask them questions. More importantly, watch them.

23 #5 Qualitative analysis
Perform user testing Ask for visitor feedback (surveys, live chat etc.) Watch visitor recordings and view heatmaps Follow the journey of your visitors

24 #6 Build (and nurture) your database
The buyer journey can take days, weeks, months or years. Don’t forget to nurture… Retargeting Webinars Seminars

25 #6 Segment and personalise
By persona, channel, keyword, device, location, individual: Give them the right experience! Squeeze pages, targeted ads, s, smart forms

26 #8 Lead scoring +/- scoring of a prospect On actions and key fields Marketing and sales can target the right people at the right time CRM/Marketing platforms need to be integrated

27 #9 What do they need in the moment?
Huge for mobile Four key moments: I want to know I want to go I want to do I want to buy How can you make this frictionless?

28 #10 Evolve, constantly

29 #11 Sales and Marketing Need To Work Together

30 In summary Your leads are not equal. Quality leads are those that deliver on business goals. Success is not a series of tactics, but a process. Understand the individual (ideal) customer. Marketing and sales need to work together.

31 https://au.linkedin.com/in/davidlawrencetws
Thank You David Lawrence, Co-Founder and Managing Director Phone


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